---
kind: "section"
citation: "12 C.F.R. § 263.301"
title: "12"
number: "263.301"
heading: "Purpose."
url: "https://uscodex.org/cfr/12/263.301"
---

# §263.301. Purpose.


Section 39 of the FDI Act requires the Board to establish safety and soundness standards. Pursuant to [section 39](/cfr/12/39.md), a bank may be required to submit a compliance plan if it is not in compliance with a safety and soundness standard established by guideline under section [39(a)](/cfr/12/39.md?p=a) or [(b)](/cfr/12/39.md?p=b). An enforceable order under [section 8](/cfr/12/8.md) may be issued if, after being notified that it is in violation of a safety and soundness standard established under [section 39](/cfr/12/39.md), the bank fails to submit an acceptable compliance plan or fails in any material respect to implement an accepted plan. This subpart establishes procedures for requiring submission of a compliance plan and issuing an enforceable order pursuant to [section 39](/cfr/12/39.md).


## Notes

### Source

Source: 60 FR 35682, July 10, 1995, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 248, 324, 334, 347a, 504, 505, 1464, 1467, 1467a, 1817(j), 1818, 1820(k), 1829, 1831o, 1831p-1, 1832(c), 1847(b), 1847(d), 1884, 1972(2)(F), 3105, 3108, 3110, 3349, 3907, 3909(d), 4717, 5323, 5362, 5365, 5463, 5464, 5466, 5467; 15 U.S.C. 21, 78l(i), 78o-4, 78o-5, 78u-2; 1639e(K); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42 U.S.C. 4012a.

### Source

Source: 56 FR 38052, Aug. 9, 1991, unless otherwise noted.